Employees Provident Fund contribution (EPF) calculation: Every private sector employee has to contribute 12% of his/her Basic Salary+Dearness Allowance (DA) towards the Employees’ Provident Fund (EPF) ...
EPFO Higher Pension Calculation 2023: If you are an EPF member from before 1st September 2014, you will soon have the option to contribute 8.33% of your Basic Salary and Dearness Allowance (if ...
The Employee Pension Scheme (EPS) plays a crucial role in ensuring employees' financial stability in their retirement years by providing them with lifelong pension benefits and social security.
The Employees' Provident Fund Organisation for the third time has extended the last date to apply for the higher pension scheme till July 11, 2023. The EPFO subscribers are entitled to a pension at ...
The Employees’ Provident Fund (EPF) stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. With monthly ...
A big uncertainty in re-calculating contributions to be eligible for higher pension is the amount of money you would need to keep aside if you opt for higher pension. The Employees’ Provident Fund ...
For most salaried employees, the Employees’ Provident Fund is familiar territory, but the Employees’ Pension Scheme that sits inside it is not. Every month, a part of your employer’s EPF contribution ...
Employees Provident Fund (EPF) is a savings scheme under the umbrella of Employee Provident Fund Organisation (EPFO). The governing act for EPF scheme in India is the Employees’ Provident Fund and ...
Higher pension under EPS: Wondering whether you want a big Provident Fund corpus at the time of retirement or a better monthly pension? Watch this video to understand in simple terms and make a ...
As per the EPFO rules, every establishment having 20 or more employees is mandated to offer EPF facility to its employees. Under the EPF scheme, the employee contributes 12 per cent of his basic ...
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